Welcome to our dedicated page for Southside Bancshares news (Ticker: SBSI), a resource for investors and traders seeking the latest updates and insights on Southside Bancshares stock.
Southside Bancshares, Inc. (NYSE: SBSI) is the bank holding company for Southside Bank, a community-focused financial institution headquartered in Tyler, Texas. The company’s news flow, as reflected in its press releases and related Form 8-K filings, centers on quarterly earnings, capital and liquidity actions, dividends, and governance developments.
Investors following SBSI news can expect detailed quarterly financial results, including discussions of net income, net interest income, net interest margin, noninterest income and expense, asset quality, and loan and deposit trends. The company regularly announces dates and access details for its quarterly earnings conference calls, which are hosted by senior management and made available via webcast and telephone registration.
Southside Bancshares also issues news about shareholder returns and capital structure. Multiple 2025 releases describe regular quarterly cash dividends on common stock, while other announcements and 8-K filings discuss stock repurchase plan authorizations and activity. Capital markets updates, such as the August 2025 issuance of 7.00% fixed-to-floating rate subordinated notes due 2035 and the January 2026 notice of redemption for earlier subordinated notes, are another recurring theme.
Corporate governance and leadership changes appear in SBSI news as well. In 2025, the company announced the planned retirement of its Chief Executive Officer, the appointment of its President as future CEO, and the addition of new directors and an incoming Chief Operating Officer. A November 2025 press release also highlights a dual listing of SBSI common stock on NYSE Texas, Inc. alongside its primary New York Stock Exchange listing. For investors and observers, the SBSI news page provides an organized view of these earnings, dividend, capital, and governance updates over time.
Southside Bancshares, Inc. (Nasdaq: SBSI) is set to ring the Nasdaq Opening Bell on September 28, 2020, celebrating its 60th anniversary. CEO Lee R. Gibson will lead the virtual event, marking a significant milestone for the Bank, which has served its communities and shareholders since 1960. With approximately $7.33 billion in assets as of June 30, 2020, Southside operates 57 branches and 80 ATMs/ITMs across Texas. The company offers a variety of financial products and services including loans, deposit accounts, and wealth management.
Southside Bancshares announced the opening of a new branch at The Domain in Austin, Texas, set for August 31, 2020. This branch will replace the existing location on North Mopac Expressway, which will close on August 28, 2020. CEO Lee R. Gibson expressed excitement about enhancing the bank's presence in Central Texas. Southside Bank operates 59 branches and offers a range of financial services including commercial banking and mortgages. As of June 30, 2020, the company holds approximately $7.33 billion in assets.
The Board of Directors of Southside Bancshares declared a quarterly cash dividend of $0.31 per common share, payable on September 3, 2020, to shareholders of record by August 20, 2020. Southside Bancshares, operating through Southside Bank, has approximately $7.33 billion in assets and 59 branches across East Texas and Austin. Founded in 1960, it offers a wide range of financial products including loans and wealth management services. For more information, visit the company’s investor relations website.
Southside Bancshares, Inc. (NASDAQ:SBSI) reported strong second quarter 2020 financial results with net income of $21.6 million, up 15.8% from 2019, and diluted EPS of $0.65, an 18.2% increase. Total assets reached $7.33 billion, with deposits growing 13.2% year-over-year. However, a $5.2 million provision for credit losses due to COVID-19 uncertainty was recorded. Loan growth was noted, but expectations for future growth are tempered due to ongoing economic challenges. The company maintains a solid asset quality with nonperforming assets at 0.24%.
Southside Bancshares, Inc. (NASDAQ: SBSI) will announce its second quarter financial results on July 22, 2020, before the market opens. The company will hold a conference call at 9:00 a.m. CDT, featuring remarks from Lee R. Gibson, President and CEO, Julie Shamburger, CFO, and Suni Davis, CRO. Analysts are invited to participate in a Q&A session post-discussion. The call can be accessed by phone or via webcast. Southside Bancshares, with approximately $7.27 billion in assets, operates 60 branches and 81 ATMs across East Texas and beyond, serving customers since 1960.
Southside Bancshares (NASDAQ: SBSI) announced the election of Shannon Dacus to its board of directors during the 2020 Annual Meeting. Dacus, an experienced attorney and owner of The Dacus Firm in Tyler, Texas, brings extensive legal knowledge and leadership skills. Previously appointed to the Bank board in March 2020, her community involvement and numerous honors highlight her commitment. The company, with around $7.27 billion in assets as of March 31, 2020, operates 60 branches and offers a variety of financial services.
The Board of Directors of Southside Bancshares (NASDAQ:SBSI) has announced a cash dividend of $0.31 per common share, set to be paid on June 4, 2020. Shareholders on record by May 21, 2020 will receive this dividend. As of March 31, 2020, Southside Bancshares reported assets of approximately $7.27 billion and operates 60 branches across East and Southeast Texas, Dallas/Fort Worth, and Austin, offering diverse financial products.
Southside Bancshares (SBSI) reported a net income of $4.0 million for Q1 2020, a dramatic drop of 79% from the previous year. Earnings per share fell to $0.12, down 78.6%. The company recorded a provision for credit losses of $25.2 million due to COVID-19's economic impact. Loans increased 0.9% to $3.60 billion, while nonperforming assets decreased to 0.24%. The tax-equivalent net interest margin rose to 3.03%. The bank processed approximately 2,000 PPP loans totaling over $300 million, highlighting its commitment to supporting local businesses.
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